Texas HB595 adjusts the basic allotment and guaranteed yield under the Foundation School Program to account for inflation.

Texas HB595 modifies the Foundation School Program by adjusting the basic allotment and guaranteed yield to reflect inflation. Starting from the 2026-2027 school year, the basic allotment for each student will increase annually based on the inflation rate, calculated using the Consumer Price Index for All Urban Consumers. This adjustment aims to ensure that funding keeps pace with rising costs, thereby maintaining the purchasing power of the allotment. The changes apply to school districts and affect the funding they receive for student education.

Texas HB595 adjusts the basic allotment and guaranteed yield under the Foundation School Program to account for inflation.

Texas HB595 modifies the Foundation School Program by adjusting the basic allotment and guaranteed yield to reflect inflation. Starting from the 2026-2027 school year, the basic allotment for each student will increase annually based on the inflation rate, calculated using the Consumer Price Index for All Urban Consumers. This adjustment aims to ensure that funding keeps pace with rising costs, thereby maintaining the purchasing power of the allotment. The changes apply to school districts and affect the funding they receive for student education.